Why are people considered as a resource?
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People are considered a resource because with their demands and capabilities they can create new resources. Nature's bounty becomes important only when people find it and make it useful for them. Hence, human resource is also considered an important and potential resource for the society.
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People are considered as a resource because they can develop other resources with their productive skills.
People are considered as human resource.
Investment in human resource can give us returns as investment in physical capital.
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